Comparative Market Analysis

22 Woodlands Drive Glenmore Park NSW 2745

Prepared on 9th June 2019

SYDNEY GROWTH PROPERTIES PTY LTD

info@sydneygrowthproperties.com.au

The Property

22 Woodlands Drive Glenmore Park NSW 2745

24 660m2 -2

SYDNEY GROWTH PROPERTIESSELECTED PROPERTIES FOR INVESTORS - DEVELOPERS & 1ST HOMEBUYERS

Your Property History24 Apr, 2018 - Listed for rent at $500 / week

22 Dec, 2014 - Listed for rent at $500 / week

8 Jan, 2011 - Listed for rent at $450 / week

8 Aug, 1995 - Sold for $82,500

3 Jun, 1994 - Sold for $80,000

© Copyright 2019 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic), Local, State, and Commonwealth Governments. All rights reserved.

Comparables Map: Sales

© Copyright 2019 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic), Local, State, and Commonwealth Governments. All rights reserved.

Comparable Sales

Price Change 0%

Last Listing $640,000First Listing $649,000

62 Shearwater Drive Glenmore ParkNSW 2745

596m2 175m24 2 1

Sold PriceRS $649,000

 

Sold Date 03-Jun-19 Year Built 1999

Distance 0.18kmDOM 35

1

Price Change -10%

Last Listing $660,000First Listing $729,000

2 Butcherbird Place Glenmore Park NSW2745

473m2 -4 2 2

Sold Price  $656,000

 

Sold Date 07-Apr-19 Year Built -

Distance 0.24kmDOM 47

2

Price Change -4.4%

Last Listing $724,000First Listing $779,000

18 Wattlebird Crescent Glenmore ParkNSW 2745

429m2 200m24 2 2

Sold PriceRS $745,000

 

Sold Date 08-May-19 Year Built 2000

Distance 0.39kmDOM 65

3

Price Change -2.4%

Last Listing $620,000First Listing $615,000

8 Litoria Place Glenmore Park NSW 2745

450m2 104m24 1 1

Sold PriceRS $600,000

 

Sold Date 13-May-19 Year Built 1997

Distance 0.39kmDOM 50

4

Price Change -14.1%

Last Listing $500,000First Listing $629,000

18 Dillwynia Drive Glenmore Park NSW2745

450m2 130m23 1 3

Sold Price  $540,000

 

Sold Date 18-Mar-19 Year Built 1995

Distance 0.42kmDOM 43

5

= Recent saleDOM = Days on market RS UN = Undisclosed Sale

© Copyright 2019 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic), Local, State, and Commonwealth Governments. All rights reserved.

Comparable Sales

Price Change -15.3%

Last Listing $609,500First Listing $679,000

8 Panicum Place Glenmore Park NSW2745

450m2 125m23 2 1

Sold PriceRS $575,000

 

Sold Date 10-May-19 Year Built 1995

Distance 0.58kmDOM 312

6

Price Change -9.7%

Last Listing $619,000First Listing $648,000

20 Kulaman Crescent Glenmore ParkNSW 2745

412m2 115.23m24 2 2

Sold Price  $585,000

 

Sold Date 31-Mar-19 Year Built 1993

Distance 0.59kmDOM 53

7

Price Change -5.6%

Last Listing $720,000First Listing $720,000

14 Yellow Gum Close Glenmore ParkNSW 2745

1,965m2 181.7m24 2 2

Sold Price  $680,000

 

Sold Date 02-Apr-19 Year Built 1994

Distance 0.93kmDOM 32

8

Price Change -7.6%

Last Listing $699,000First Listing $779,000

95 Muru Drive Glenmore Park NSW 2745

730m2 169.323 2 2

Sold Price  $720,000

 

Sold Date 30-Mar-19 Year Built 1990

Distance 0.93kmDOM 25

9

Price Change -3.8%

Last Listing $889,000First Listing $889,000

89 Muru Drive Glenmore Park NSW 2745

740m2 204m24 2 2

Sold PriceRS $855,000

 

Sold Date 31-May-19 Year Built 1995

Distance 0.94kmDOM 11

10

= Recent saleDOM = Days on market RS UN = Undisclosed Sale

© Copyright 2019 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic), Local, State, and Commonwealth Governments. All rights reserved.

Comparable Sales

Price Change -7.8%

Last Listing $629,000First Listing $629,000

12 Becke Court Glenmore Park NSW2745

450m2 -3 1 1

Sold PriceRS $580,000

 

Sold Date 31-May-19 Year Built 1990

Distance 1.02kmDOM 47

11

Price Change -2.9%

Last Listing $649,000First Listing $649,000

22 Pritchard Place Glenmore Park NSW2745

481m2 118m24 1 1

Sold PriceRS $630,000

 

Sold Date 17-May-19 Year Built 1998

Distance 1.05kmDOM 19

12

Price Change -0.5%

Last Listing $619,000First Listing $600,000

44 Durali Road Glenmore Park NSW2745

450m2 119.65m23 1 1

Sold PriceRS $597,000

 

Sold Date 10-May-19 Year Built 1990

Distance 1.14kmDOM 18

13

Price Change -13.4%

Last Listing $559,950First Listing $629,000

7 Cowan Place Glenmore Park NSW2745

339m2 96m23 1 1

Sold PriceRS $545,000

 

Sold Date 17-May-19 Year Built 2000

Distance 1.16kmDOM 172

14

Price Change -9.3%

Last Listing $539,000First Listing $579,000

24 Floribunda Avenue Glenmore ParkNSW 2745

515m2 82m23 1 1

Sold Price  $525,000

 

Sold Date 15-Mar-19 Year Built 1990

Distance 1.19kmDOM 26

15

= Recent saleDOM = Days on market RS UN = Undisclosed Sale

© Copyright 2019 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic), Local, State, and Commonwealth Governments. All rights reserved.

Comparable Sales

Price Change -2.6%

Last Listing $783,000First Listing $783,000

9 Jimbi Place Glenmore Park NSW 2745

801m2 171.51m24 3 2

Sold PriceRS $762,500

 

Sold Date 14-May-19 Year Built 1990

Distance 1.22kmDOM 44

16

Price Change 0%

Last Listing $710,000First Listing $710,000

56 Forestwood Drive Glenmore ParkNSW 2745

234m2 -4 2 1

Sold Price  $710,000

 

Sold Date 15-Mar-19 Year Built -

Distance 1.26kmDOM 56

17

= Recent saleDOM = Days on market RS UN = Undisclosed Sale

© Copyright 2019 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic), Local, State, and Commonwealth Governments. All rights reserved.

Glenmore ParkDemographic

Suburb Insights

23 kPopulation

13%5 years population

change

9.4 yearsAverage length of

ownership

HOUSEHOLD STRUCTURE HOUSEHOLD OCCUPANCY HOUSEHOLD INCOME AGE

TYPE % TYPE % TYPE % TYPE %

Childless Couples 26.0 Owns Outright 21.0 0-15.6K 1.7 0-9 16.5

Couples with Children 59.0 Purchaser 55.0 15.6-33.8K 5.1 10-19 15.7

Single Parents 14.3 Renting 22.0 33.8-52K 7.3 20-29 13.8

Other 0.7 Other 0.3 52-78K 11.6 30-39 15.4

Not Stated 1.7 78-130K 28.4 40-49 15.4

130-182K 20.3 50-59 11.9

182K+ 16.9 60-69 7.3

70-79 2.7

80-89 0.9

0.290-99

The size of Glenmore Park is approximately 9.7 square kilometres. It has 9 parks covering nearly 3.8% of totalarea. The population of Glenmore Park in 2011 was 20,271 people. By 2016 the population was 22,982 showinga population growth of 13.4% in the area during that time. The predominant age group in Glenmore Park is 0-9 years. Households in Glenmore Park are primarily couples with children and are likely to be repaying $1800- $2399 per month on mortgage repayments. In general, people in Glenmore Park work in a clericaloccupation. In 2011, 77.6% of the homes in Glenmore Park were owner-occupied compared with 76% in 2016.Currently the median sales price of houses in the area is $740,000.

© Copyright 2019 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic), Local, State, and Commonwealth Governments. All rights reserved.

Local Schools

SCHOOL ADDRESS DISTANCE SCHOOL TYPE GENDER SECTOR YEARS

Glenmore Park High School

3 Glenmore ParkwayGlenmore Park NSW 2745

0.43km Secondary Mixed Government 7-12

Fernhill School

Glenmore Park WoodberryNSW 2745

0.61km Special Mixed 0-0

Bethany Catholic PrimarySchool34-38 William Howell DriveGlenmore Park NSW 2745

0.94km Primary Mixed Non-Government 0-6

Caroline Chisholm College

90-98 The Lakes DriveGlenmore Park NSW 2745

1.07km Secondary Female Non-Government 7-12

Fernhill School 1.34km Special Mixed Government 0-0

Property is within school catchment area Property is outside school catchment area

© Copyright 2019 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic), Local, State, and Commonwealth Governments. All rights reserved.

Recent Market Trends

Sales by Price - 12 months (House)

PRICE

<$200K

$200K-$400K

$400K-$600K

$600K-$800K

$800K-$1M

$1M-$2M

>$2M

NUMBER

2

4

16

179

93

30

2

PERIOD PROPERTIES SOLD MEDIAN PRICE GROWTH DAYS ON MARKET LISTINGS ASKING RENT

Feb 2019 34 $740,000 -0.6% 37 117 $520

Jan 2019 25 $744,500 -2.2% 37 101 $520

Dec 2018 22 $761,420 -0.2% 35 90 $520

Nov 2018 34 $762,840 -0.3% 33 110 $520

Oct 2018 34 $765,000 -0.4% 32 107 $520

Sep 2018 26 $768,000 -0.3% 31 92 $520

Aug 2018 36 $770,000 0.4% 31 105 $520

Jul 2018 34 $767,000 0.9% 30 103 $520

Jun 2018 38 $760,000 -1.3% 28 97 $520

May 2018 55 $770,000 0.0% 27 122 $520

Apr 2018 35 $770,000 1.3% 25 115 $520

Mar 2018 57 $760,000 0.0% 22 121 $520

© Copyright 2019 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic), Local, State, and Commonwealth Governments. All rights reserved.

Long Term Market Trends

PERIOD

2019

2018

2017

2016

2015

2014

2013

2012

2011

2010

2009

2008

2007

2006

2005

2004

2003

2002

2001

2000

PROPERTIES SOLD

430

493

470

456

472

481

398

374

317

374

323

397

368

357

372

574

589

737

757

980

MEDIAN PRICE

$740,000

$760,000

$723,750

$685,000

$588,500

$517,000

$470,000

$455,000

$455,000

$421,000

$380,000

$395,000

$387,000

$400,000

$400,000

$380,000

$335,000

$268,000

$212,000

$160,000

GROWTH

-2.6%

5.0%

5.7%

16.4%

13.8%

10.0%

3.3%

0.0%

8.1%

10.8%

-3.8%

2.1%

-3.2%

0.0%

5.3%

13.4%

25.0%

26.4%

32.5%

33.3%

DAYS ON MARKET

37

20

16

13

10

18

40

53

40

37

59

44

66

83

70

36

-

-

-

-

LISTINGS

388

449

316

365

372

380

380

423

419

368

424

434

182

86

53

52

-

1

-

-

ASKING RENT

$530

$520

$500

$490

$475

$460

$450

$445

$420

$390

$340

$320

$300

$285

-

-

-

-

-

-

© Copyright 2019 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic), Local, State, and Commonwealth Governments. All rights reserved.

Disclaimer

Contains property sales information provided under licence from the Land and Property Information(“LPI”). RP Data Pty Ltd trading as CoreLogic is authorised as a Property Sales Information provider bythe LPI.

The Appraisal Amount contained in the report may have been manually provided by the Agent; or may bebased on an automated valuation model estimate provided by CoreLogic ('AVM Estimated Value'). AVMEstimated Values are current at the date of the publication only. It is computer generated and is not aprofessional appraisal of the subject property and should not be relied upon in lieu of appropriateprofessional advice. The accuracy of the methodology used to develop the AVM Estimated Value, theexistence of the subject property, and the accuracy of the AVM Estimated Value and all rule sets providedare estimates based on available data and are not guaranteed or warranted. CoreLogic excludes all liabilityfor any loss or damage arising in connection with the Appraisal Amount and/or AVM Estimated Value.

Product Data licensed by CoreLogic under a Creative Commons Attribution licence. For details regardinglicence, data source, copyright and disclaimers, seewww.corelogic.com.au/aboutus/thirdpartyrestrictions.htmlAll information relating to Schools provided by CoreLogic is as a courtesy only. CoreLogic does not makeany representations regarding the accuracy or completeness of the data. You should contact the Schooldirectly to verify this information.

Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic doesnot warrant the accuracy or completeness of the data and information contained in this publication and tothe full extent not prohibited by law excludes all for any loss or damage arising in connection with thedata and information contained in this publication.

© Copyright 2019 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic), Local, State, and Commonwealth Governments. All rights reserved.